Introduction of innovative product in Polysan JSC: polymer - modified bitumen with qualitative indicators higher than those of polymer-bitumen from pure goudron through an innovative method for inclusion of waste product from production into other production

Polysan JSC is a major producer and trader of fuels, bitumen and waterproofing materials. The increase in the turnover of the company from 55 million BGN in 2010 to 206 million BGN in 2015, proves that the company is developing very successfully, incl. based on the introduction of innovations. The first step was made through an investment of over 5 million BGN supported by OP Competitiveness for an implementation of worldwide innovative process for processing a mixture of unique heavy naphtha - aromatic petroleum. The present project will implement a product innovation - a world novelty: a polymer-bitumen from raw material: mixture of low paraffinic goudron and residue from the vacuum distillation of waste lubricants by receiving qualitative indicators higher than those of polymer-bitumen from pure goudron. The product will also be obtained by an innovative process, which is a modification of the standard process for the production of polymer-bitumen, which ensures the technical feasibility of the project, although implying a process innovation. The process makes possible the use of a waste product as an additive to the starting raw material, it functions with significantly lower energy costs and allows regulation of the quantity of the polymer in the final product. Polymer - bitumen - the subject of introduction, represents a significantly improved product in comparison to the world analogues, by four important, mandatory for the industry indicators. It falls under the thematic area "Mechatronics and clean technologies" of ISIS, technologies and methods for inclusion of waste materials from productions into other productions. The combination: - lower cost of raw material due to addition of waste combines with improved quality indicators; and - production through a process with reduced energy costs and ability to regulate the quantity of the polymer, will lead to market advantages related to the price and the increasing of the company's competitiveness;

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Overview

Status Terminated (termination date)
Start date 18 Jan, 2017
End date 18 Jul, 2018
Contract date 18 Jan, 2017
View in UMIS

Beneficiary

Financial information

Total cost 1,666,600.00
Grant 999,960.00
Self finance 666,640.00
Total paid 0.00
EU participation percent 85.0%

Location